According to the National Association of Realtors' latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of 185 measured metros experienced such price gains – up from 66% in ...
Read More »Financial Capacity Limits Pending Home Sales
According to the latest from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive months of transaction decreases. Year-over-year, pending home sales dropped 8.2% in March, marking the tenth consecutive month ...
Read More »Rate Environment Putting the Squeeze on Housing Market
Upward trends in mortgage rates and median prices are forcing more back to the sidelines to re-consider their housing options.
Read More »Low Home Inventory Spurs Drop in February’s Pending Sales
Despite intense buyer demand, February marked the fourth consecutive month of declines seen in overall pending home sales nationwide.
Read More »Pending Home Sales Fall for Third Month
NAR found that pending sales lagged again in January, and predicts a volatile market moving ahead in 2022.
Read More »Southern Migration Boosting Sales Prices
For the fifth straight month, the South witnessed the highest pace of appreciation, as existing-home sales jumped 9.3% in the region in January.
Read More »Home Cost Hikes Fueled by Supply, Competition
According to the latest quarterly report from the National Association of Realtors, consumers saw home prices continue to increase in Q4 of 2021, though at a slower pace than Q3. Fewer markets in the last quarter experienced double-digit price gains. ...
Read More »Swift Competition Drives Home Prices Upward
Home buyers continued to snap up the limited supply of available homes, exerting upward pressure on sales prices and overall home-price growth.
Read More »2022 Housing Market Forecast: Where Are the ‘Hidden Gems’?
Housing experts predict two quarter-point interest rate hikes by the Fed in 2022 as housing prices and inflation rates are expected to climb.
Read More »Pending Home Sales Rebound in October
Reversing the trend of just one month ago, pending sales of U.S. homes rose 7.5% in October as consumers regained their financial footing to lock in rates before an anticipated rise.
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